5.5 soaked another 20,000 today. What's everyone's thoughts, how many shares would be considered a proper investment for ptx. I've got roughly 200,000 at the moment, but I've got buy orders for many more. Cap it at 500,000? Buy price dropped to 6.9. Still looling to average the mid 6's. Don't like options, I'm looking to invest for a few years. I paid a hefty amount on tax for my trading this year, I'm after something that will bring returns in a 12-18 month period to utilise the 50% discount.
I feel $25k in 12 months could be worth a tasty $75k-$100k with a much smaller tax bill;$
That kinda monies gets me naked and oily.
PTX Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
